2310 (2310) Financial Ratio Screen

SAU Basic Materials Saudi Arabia SAR 11484M
FINANCIAL SCREEN PASSED*
Automated financial screen · activity assessed separately
2310 (2310) passes all available checks in 2 implemented financial-ratio model(s). Its activity assessment is still in progress; this is not a Shariah verdict. Its debt proxy is 10.7% against the model threshold of 30%. The supplied classification is Basic Materials (Chemicals); mixed activities and revenue segments remain part of the activity assessment.

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MSCI new-inclusion financial-ratio snapshot

2310 financial screening at a glance

FINANCIAL SCREEN PASSED*Financial ratios shown separately from business review — not a fatwa
Debt ratio
10.7%
Pass vs 30%
Cash ratio
5.2%
Pass vs 30%
Receivables + cash
10.9%
Pass vs 30%
Impermissible income
0.8%
Pass vs 5%

Calculation date: 2026-08-31. Financial period used: December 2024. The ratios are automated proxies inspired by published methodologies; they are not official index determinations.

Independent method comparison

What the available screens say

How MSCI, FTSE and S&P-style screens differ
Request this stock review
MSCI-styleFinancial criteria passedActivity is assessed separately
FTSE/Yasaar-styleFinancial criteria passedActivity is assessed separately
S&P-style provisionalNot yet availableRequired denominator or financial data is incomplete
Business activityAssessment pendingFinancial results do not determine business permissibility
Complete screening result: not yet completeA complete result requires both supported financial criteria and adequate activity evidence. This site does not issue a fatwa or official index decision.
Financial periodDecember 2024Calculation date2026-08-31S&P-style historynot availableLast activity reviewnot yet reviewed

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Business activity evidence

Activity assessment in progress

The supplied classification (Chemicals) is only a starting point. Revenue evidence is being assessed before any complete screening conclusion.

Revenue segments: Not yet checked against an SEC annual filing.

Profile description reviewed: Sahara International Petrochemical Company owns, establishes, operates, and manages industrial projects related to chemical and petrochemical industries in the Kingdom of Saudi Arabia. It operates through Basic Chemicals, Intermediate Chemicals, Polymers, Marketing, and Corporate and Others segments. The company offers basic products, including methanol, butane, and carbon monoxide; and intermediate products, such as acetic acid, vinyl acetate monomer, ethyl acetate, butyl acetate, and utilities. It also provides polymer products consisting of low-density polyethylene, polyvinyl acetate, polyvinyl alcohol, polybutylene terephthalate, polypropylene, and electrical connecting wire products; acetic anhydride, butanediol, chlorine, caustic soda, ethylene dichloride, gamma butyrolactone, polyethylene wax, and tetrahydrofuran; and hydrogen products. In addition, the company manufactures and sells moulds, and related services; and engages in metal formation by hammering, pistons, casting, rolling, and structuring for motor vehicles, as well as parts, accessories, and engines for motor vehicles. Further, it produces ethylene-vinyl acetate films and industrial utility services; offers administrative support to the logistic and marketing; and engages in innovation, research and development, venture capital, and investment. The company was formerly known as Saudi International Petrochemical Company and changed its name to Sahara International Petrochemical Company in May 2019. Sahara International Petrochemical Company was incorporated in 1999 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Sources to verify: Secondary company profile and classification · Issuer website

A sector label or company description can flag a risk but cannot establish a compliant-revenue percentage. Only sourced segment disclosures may support that calculation.

Published-ratio reproductions (not certifications)

The table shows implemented MSCI and FTSE/Yasaar-style asset-based models plus a provisional S&P-style leverage reconstruction where a complete 36-month denominator exists. These are independent calculations, not official index results or Shariah determinations. See formulas, sources and limitations.

Based on financial data from December 2024

Standard Debt Ratio Cash Ratio Receivables Income Status
MSCI 10.7%
/ 30%
5.2%
/ 30%
10.9%
/ 30%
0.77%
/ 5%
FINANCIAL SCREEN PASSED*
FTSE 10.7%
/ 33%
5.2%
/ 33%
10.9%
/ 50%
0.77%
/ 5%
FINANCIAL SCREEN PASSED*

Financial Highlights

EPS
$-0.58
Dividend Yield
655.0%
Payout: 476.2%
P/B Ratio
0.8
EV/EBITDA
14.8
EV: $13.0B
Revenue
$7.1B
Growth: -16.1%
Beta
0.1
Low volatility
Current Ratio
1.4

Profitability

Gross Margin 12.2%
Operating Margin -29.5%
Net Margin -6.1%
Return on Equity (ROE) -2.4%
Return on Assets (ROA) 0.0%

Cash Flow & Balance Sheet

Operating Cash Flow$1.4B
Free Cash Flow$715M
Total Debt$2.3B
Debt-to-Equity16.7
Current Ratio1.4
Total Assets$21.1B

Price & Trading

Last CloseSAR 15.27
50-Day MASAR 14.90
200-Day MASAR 17.28
Avg Volume2.4M
Beta0.1
52-Week Range
SAR 13.13
SAR 21.23

Financial data provenance and verification

The displayed fields were imported from yfinance on 2026-03-29 for the financial period December 2024. This is a secondary data feed and can differ from amended or newly filed statements.

Verification rule: check debt, cash, receivables, revenue and interest income against the latest primary filing before relying on an automated ratio.

About 2310 (2310)

CEO
Engineer Ibrahim Abdulaziz Al-Rushoud
Sector
Basic Materials
Industry
Chemicals
Country
Saudi Arabia
Exchange
SAU
Market Cap (listing currency)
SAR 11484M
Currency
SAR

Sahara International Petrochemical Company owns, establishes, operates, and manages industrial projects related to chemical and petrochemical industries in the Kingdom of Saudi Arabia. It operates through Basic Chemicals, Intermediate Chemicals, Polymers, Marketing, and Corporate and Others segments. The company offers basic products, including methanol, butane, and carbon monoxide; and intermediate products, such as acetic acid, vinyl acetate monomer, ethyl acetate, butyl acetate, and utilities. It also provides polymer products consisting of low-density polyethylene, polyvinyl acetate, polyvinyl alcohol, polybutylene terephthalate, polypropylene, and electrical connecting wire products; acetic anhydride, butanediol, chlorine, caustic soda, ethylene dichloride, gamma butyrolactone, polyethylene wax, and tetrahydrofuran; and hydrogen products. In addition, the company manufactures and sells moulds, and related services; and engages in metal formation by hammering, pistons, casting, rolling, and structuring for motor vehicles, as well as parts, accessories, and engines for motor vehicles. Further, it produces ethylene-vinyl acetate films and industrial utility services; offers administrative support to the logistic and marketing; and engages in innovation, research and development, venture capital, and investment. The company was formerly known as Saudi International Petrochemical Company and changed its name to Sahara International Petrochemical Company in May 2019. Sahara International Petrochemical Company was incorporated in 1999 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

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Frequently Asked Questions

Is 2310 (2310) halal to invest in?

The current automated result is Financial screen passed; activity assessment pending. It uses available public financial fields and simplified methodology proxies. It is not a fatwa or an official determination by AAOIFI, DJIM, MSCI, S&P, or FTSE.

What is 2310's debt ratio?

2310's debt ratio is 10.7% in the MSCI new-inclusion reproduction: total debt divided by total assets, against a 30% threshold. See the methodology page for the official source and limitations.

What are 2310's key financial metrics?

2310 has a market capitalization of SAR 11484M in its listing currency, and revenue of $7.1B. The company maintains a gross margin of 12.2% and a net margin of -6.1%. Return on equity stands at -2.4%.

How often is the screening data updated?

Calculation date: 2026-08-31. Financial period: December 2024. These dates are shown separately because regenerating this page does not refresh the underlying data.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.